What is Er Precision Optical?
E.R. Precision Optical, based in Apopka, Florida, is a U.S.-based small business specializing in advanced optics manufacturing and crystal growth. The company focuses on producing Germanium and Silicon crystals, crucial for infrared applications. Serving diverse markets including defense, aerospace, semiconductor, solar, electronics, and medical, E.R. Precision Optical provides precision optical components and custom infrared materials. Its operations are underpinned by ISO 9001:2015 certification and ITAR compliance, ensuring high standards for its domestic clientele. The company is known for its rapid turnaround times on both blank and finished optical parts, catering to unique customer specifications through its advanced crystal growing capabilities.
How much funding has Er Precision Optical raised?
Er Precision Optical has raised a total of $175K across 1 funding round:
Debt
$175K
Debt (2021): $175K with participation from PPP
Key Investors in Er Precision Optical
PPP
Public-Private Partnership
What's next for Er Precision Optical?
The company's large-scale late-stage funding context suggests a strategic phase focused on scaling operations, expanding market reach, or investing in new technological advancements. This infusion of capital is likely to bolster its capacity to meet the growing demand for specialized infrared optical components, particularly within the defense and aerospace sectors. Future developments may include enhanced R&D for novel crystal materials or expansion of manufacturing facilities to accommodate larger production volumes and more complex projects.
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